Loan Officer Salary in Virginia
Median annual pay in Virginia
$78,320
$37.66/hour
BLS OEWS, May 2025
Adjusted for cost of living in Virginia
$77,465
Regional Price Parity: 101.104 (U.S. = 100)
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Difference from the U.S. median ($76,690): +$1,630 (+2.1%)
Virginia ranks 22nd of 51 states by median pay, and 26th of 51 after adjusting for cost of living.
Pay
| Annual | Hourly | |
|---|---|---|
| 10th percentile | $40,190 | $19.32 |
| 25th percentile | $57,200 | $27.50 |
| Median | $78,320 | $37.66 |
| 75th percentile | $109,380 | $52.59 |
| 90th percentile | $157,070 | $75.51 |
Employment
- Employment in Virginia
- 8,790
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Comparison
Compared with the U.S.
- Median annual pay in Virginia
- $78,320
- Median annual pay in the U.S.
- $76,690
- Difference
- +$1,630 (+2.1%)
Cost of living
$78,320 ÷ 101.104 × 100 = $77,465
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Ranking
| Rank | Median annual pay | Adjusted for cost of living (annual) |
|---|---|---|
| Wyoming | ||
| 20th | $79,620 | $85,898 13th |
| Illinois | ||
| 21st | $79,150 | $79,183 24th |
| Virginia This page | ||
| 22nd | $78,320 | $77,465 26th |
| Wisconsin | ||
| 23rd | $78,290 | $83,203 18th |
| Rhode Island | ||
| 24th | $77,250 | $75,528 30th |
Similar occupations
Related occupations from O*NET, in O*NET's order, with their BLS median pay. Each figure shows the place it is for.
- Credit Counselor salary in the U.S.
$52,230/year U.S.
- Credit Analyst salary in the U.S.
$83,510/year U.S.
- Personal Financial Advisor salary in the U.S.
$105,070/year U.S.
- Securities, Commodities, and Financial Services Sales Agent salary in the U.S.
$78,660/year U.S.
- Financial Manager salary in the U.S.
$166,570/year U.S.
- Brokerage Clerk salary in the U.S.
$65,750/year U.S.
Outlook
- Projected employment change, 2025–35 (U.S.)
- +1.1%
- Typical education needed for entry (U.S.)
- Bachelor's degree
BLS publishes employment projections only for the U.S. as a whole. BLS Employment Projections, 2025–35
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Loan Officer salary in nearby places
- Loan Officer salary in the District of Columbia
$92,890/year District of Columbia
- Loan Officer salary in Kentucky
$62,090/year Kentucky
- Loan Officer salary in Maryland
$73,580/year Maryland
- Loan Officer salary in North Carolina
$75,920/year North Carolina
- Loan Officer salary in Tennessee
$62,800/year Tennessee
- Loan Officer salary in West Virginia
$57,580/year West Virginia
- Loan Officer salary in the U.S.
$76,690/year U.S.
Sources and update
- Wages and employment: BLS Occupational Employment and Wage Statistics (OEWS), May 2025.
- Cost of living: BEA Regional Price Parities, 2024.
- Related occupations: O*NET® 31.0 Database, CC BY 4.0. Attributions
- Employment projections and typical education: BLS Employment Projections, 2025–35.
- Neighboring states: U.S. Census Bureau, County Adjacency File, 2024.
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